NEW YORK (AP) — What's shaking Wall Street seems so backwards. Swings in the bond market recently sent the yield on the 10-year Treasury above 4.80% and its highest level since 2023. That's injected nervousness into the U.S. stock market and knocked indexes off their records. The bond ...
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months. The rate rose to 7.04% from 6.93% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.6%. It has risen for five straight ...
NEW YORK (AP) — Most U.S. stocks rose Tuesday following an encouraging update on inflation, though drops for Eli Lilly and other influential stocks kept indexes in check. The S&P 500 rose 0.1% as three out of every four stocks in the index climbed. The Dow Jones Industrial Average added ...
With a possible TikTok ban just days away, many U.S. users are looking for alternative social media platforms to help them keep up with pop culture or provide the type of entertaining videos that popularized the short-form video app. TikTok, which has been a cultural phenomenon, could be ...
WARSAW, Poland (AP) — A town in Poland is encouraging Elon Musk to buy its vast 13th-century castle and turn it into his European headquarters. The mayor of Glogowek, Piotr Bujak, said Tuesday that he recently posted the invitation on Musk's social media platform X and has sent letters to ...
Southwest Airlines said Tuesday that it would put the filling of some jobs and summer internships on hold this year as the company looks to lower costs. The airline said it would honor internship offers already made but pause all "non-contract internal and external hiring." Southwest said it ...
